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Which of the following statements is NOT CORRECT ? a. The IRR method takes into account the cash flows over a projects full life b.

Which of the following statements is NOT CORRECT?

a.

The IRR method takes into account the cash flows over a projects full life

b.

The IRR method assumes that the cash flows to be received from a project are to be reinvested at the WACC

c.

The IRR method values a dollar received today greater than a dollar that will be received until sometime in the future

d.

The IRR method takes into account the time value of money

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